As Trump wrecks the economy, Fox News pivots to blaming Biden - eviltoast

Even though President Donald Trump’s administration has taken multiple actions that have effectively weakened the economy, Fox News is helping Trump prepare to place the blame for worsening economic indicators on former President Joe Biden, who handed off a strong and stable economy to Trump less than two months ago.

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  • adarza@lemmy.ca
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    13 hours ago

    the entire national debt is due to tax cuts given to the wealthy over the last many decades. much, much more has been given to them over the years, transferred from lower and middle class to the wealthy, than what the debt is.

    had those tax cuts and other policies that benefit only the very wealthy not happened, we could literally be living in a utopia seen only in movies.

    • taiyang@lemmy.world
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      10 hours ago

      Well, maybe. With globalization it’s hard to keep them from putting things off shore or even just leaving entirely. I’m sure there’s an involved solution that requires global cooperation, but there’s always that threat so long as there’s mega rich people out there.

      • phdepressed@sh.itjust.works
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        10 hours ago

        The megahoarders are leeches on society anyway. Them leaving isn’t a real threat. Putting things offshore is always an option but there are ways to reduce that loophole.